Anyone in the hospitality industry knows how important it is to be able to get things done in an efficient manner. Accounting is a big part of back office operations since it helps maintain the flow of payments coming in and going out.
Appropriate financial software can be instrumental in performing accounting tasks with efficiency and accuracy. There is a variety of accounting software programs available for those in the hotel industry. Read on for further information to determine which one might serve a hotel best.
Accounting software streamlines the invoicing process.
-
Multiview Enterprise
Small to midsized hotel organizations can benefit from using Multiview Enterprise accounting software. Pricing for this software is based on the number of users, which gives the hotel control over what they pay. Since Multiview takes care of all accounting tasks, it makes it simple for the hotel accounting department to create and send out invoices. Multiview offers a demo version and provides customer support.
-
Intacct
Users of Intacct accounting software like it for its user-friendliness and the way the program can be set up to automate a variety of accounting tasks. Since this program utilizes cloud-based accounting, it makes it easy for staff members in different locations to have access to the same, up-to-date information.
-
Microsoft Dynamics GP
Microsoft Dynamics offers a Business Essentials and Advanced Management version for hotels in need of accounting software. Most small to midsized hotel businesses will do just fine with the Business Essentials version, which handles accounting tasks that connect with invoicing. Although the Advanced Management version offers exclusive features, many of these can be purchased a la carte, as needed.
-
NetSuite Financials
NetSuite integrates a variety of financials, including sales, inventory, and order and billing management. Its versatility allows hotel operations to manage finances under one umbrella, which can be particularly helpful for smaller establishments. This program is automatically updated and comes with options for customization. It rates well with users and can be tested out with the demo version before making a commitment.
-
QuickBooks
QuickBooks has been around for a while, and the name alone often makes potential users feel secure. Similar to the other software programs listed here, QuickBooks allows hotels of all sizes to track various uses, costs, and expenses so they can easily be combined onto each invoice. Easy integration and online access makes QuickBooks a sensible choice for hotels that have multiple locations and the desire to take care of a variety of accounting tasks with one program.
Being able to easily create invoices is part of good customer service at the front desk.
Finding the Perfect Fit
What works for one hotel won't necessarily be the right fit for another one. Each business must choose the accounting software that provides the features and functions it needs. Those involved with a hotel's accounting can try various programs to find the one that suits them best. Most software programs offer free trials. If a program the hotel is interested doesn't offer a free trial, it's worth the time to contact the company to see if they are willing to give the hotel short period of time to try before they buy.
In the end, the software program that works best will be the one that lets hotel management and employees streamline accounting tasks so the focus can remain on their guests.
About the author
Mary Ylisela is an author who writes about a variety of topics pertinent to business owners. As a frequent traveler and small business owner, she recognizes the importance of efficiency when it comes to operations. Technology has proven to be an excellent way to streamline business management, and Ylisela is always on the lookout for apps and software programs that might be beneficial to fellow business owners.
